| submitted by /u/stealthVault
Speaking to the downsides of cryptocurrency, in the case of bitcoin for instance, he said he believes its use of a large computing network to secure its …
Google Alert – bitcoin
Three of Japan’s biggest banks have canceled a joint project of a blockchain-based peer-to-peer money transfer service. The three so-called Japanese ‘megabanks’, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group and Mizuho Financial Group, said the joint venture was a duplication of their individual efforts. They thus saw no need to continue, according to the Nikkei Asian Review. Per the Japanese publication, the joint initiative would have allowed their customers to send and receive funds using email addresses or mobile phone numbers via virtual accounts linked to their bank accounts. Japanese Megabanks Partner With Fujitsu As previously reported by CCN
The post Japan Megabanks Kill Joint Blockchain Money Transfer Project, Turn to Their Own Cryptocurrencies appeared first on CCN
I also choose the cash option if I were to go with a debit card the fee was going to be 320 dollars
Do you see the money being made? Does it make sense now why they try to fight a public ledger that anybody can view and use?
Borderless currency without those greedy entities telling us what to do